Someone in China hacked into iTunes and was able to steal information about 50,000 accounts. The stolen credit card information was listed on Chinese auction website TaoBao.com. The buyers were promised temporary access to unlimited downloads for as low as 1 yuan at a time.
Buyers were told that they can buy anything they want from iTunes including apps, games, movies, music, etc. The buyers said that they would be given a 12 hour window to make the purchases. TaoBao said that they were not obligated to remove the listing because nobody had complained directly about the sales as of yet.
“We take all reasonable and necessary measures to protect the rights of consumers who use Taobao, of our sellers and of third-parties,” said the company in a statement. “Until we receive a valid takedown request, we cannot take action.”